Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...

Many delivery workers are part of the gig economy. - Yuki Iwamura/Bloomberg. Taking on a gig job means taking on new tax ...

Many employers are likely familiar with Form 1099-MISC. For years, business owners used it to report payments for rent, royalties, medical and healthcare payments and other nonemployee payments.

IRS Forms 1099 are used so the IRS can match Social Security numbers with tax returns to speed IRS collection efforts. But ...

If you received a total of $5,000 or more through a payment app in 2024, that company is now required to report that amount ...

It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income received outside of a permanent salaried job. This ...

If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year.

If you use payment apps like Venmo, Cash App or PayPal for more than just splitting a bill, there could be some important ...